The information requested falls within the responsibility of the National Statistician, who has been asked to reply.
Letter from Karen Dunnell, dated 31 March 2008:
As National Statistician, I have been asked to reply to your recent Parliamentary Question on what estimate has been made of the average debt (a) excluding and (b) including mortgages of (i) women and (ii) men aged between 22 and 29 years in each income decile. (196641)
Although the UK National Accounts include balance sheet estimates of total financial liabilities of the household and non profit institutions serving households (NPISH) sectors, it is not possible to separate these two sectors. Examples of institutions included within the NPISH sector are: charities; trade unions; universities; churches and political parties.
It is possible to identify loans secured on dwellings by banks, building societies and other types of financial institutions, but it is not possible to break this down by gender, age or income decile.
The estimates in the following table show total debt including and excluding loans on dwellings and averages using total population estimates. The balance sheet estimates are available up to 2007 and are consistent with data published on the 28th March 2008. Population estimates for 2007 are as yet not available so average debt is shown up to 2006.
Year Total population (thousand) Total financial liabilities(£ million) Average financial liabilities (£000) Loans on dwellings by banks(£ million) Loans on dwellings by building societies(£ million) Loans on dwellings by other financial institutions(£ million) Total financial liabilities less loans on dwellings(£ million) Average financial liabilities less loans on dwellings (£000) 1987 56,804 270,000 4.75 35,950 131,556 15,305 87,189 1.53 1988 56,916 323,144 5.68 45,335 155,276 22,178 100,355 1.76 1989 57,076 372,302 6.52 79,192 152,558 24,922 115,630 2.03 1990 57,237 418,581 7.31 85,677 176,661 31,071 125,172 2.19 1991 57,439 450,412 7.84 90,372 197,228 32,057 130,755 2.28 1992 57,585 466,498 8.10 96,470 211,351 30,384 128,293 2.23 1993 57,714 482,432 8.36 108,554 219,556 28,380 125,942 2.18 1994 57,862 504,695 8.72 115,929 231,170 27,957 129,639 2.24 1995 58,025 528,927 9.12 139,900 223,237 26,557 139,233 2.40 1996 58,164 550,108 9.46 158,209 223,905 26,195 141,799 2.44 1997 58,314 586,659 10.06 305,687 97,578 26,414 156,980 2.69 1998 58,475 625,134 10.69 320,564 106,331 29,006 169,233 2.89 1999 58,684 675,599 11.51 345,031 113,497 34,326 182,745 3.11 2000 58,886 734,790 12.48 386,334 106,990 41,742 199,724 3.39 2001 59,113 810,665 13.71 418,644 113,413 58,181 220,427 3.73 2002 59,323 923,144 15.56 467,601 123,638 78,151 253,754 4.28 2003 59,557 1,046,913 17.58 511,049 142,312 119,570 273,982 4.60 2004 59,846 1,172,032 19.58 543,063 160,116 172,673 296,180 4.95 2005 60,238 1,249,393 20.74 558,615 167,041 212,670 311,067 5.16 2006 60,587 1,406,464 23.21 586,644 182,367 277,274 360,179 5.94 2007 — 1,532,445 — 604,662 194,277 347,860 385,646 — Source: United Kingdom Economic Accounts 2007 quarter 4 http://www.statistics.gov.uk/statbase/Product.asp?vlnk=1904